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The Wall Street Journal Online

Convenience Store with Gas

Washington County, Vermont

Seller Financing Available

Photo Available
Asking Price:
$655,000
Gross Income:
$1,604,000
Cash Flow:
$143,278
EBITDA:
$123,000
FF&E:
N/A
Inventory:
$70,000.00 **
Real Estate:
$700,000.00 *
Year Established:
1999
Employees:
7
Business Types:
Convenience Stores
Gasoline Service Stations

** not included in the asking price

* included in the asking price

Business Description

This convenience store carries an extensive selection of groceries items, deli, beer, wine, soda, cigarettes, tobacco products, some hardware, automobile supplies and is a retailer of unbranded gas and diesel fuel. The store includes a Vermont lottery agency. The store features a 14 door walkin cooler (30" doors) and 4 door frozen food freezer. A store has operated from this location for more than 25 years. The store is located on .5 acres and a has paved parking area for about 25 vehicles. The store is located on the main north/south highway in the center of town next to the post office and town offices.

Detailed Information

Facilities:
This business is a turn key operation that includes real estate of .5 acres, furniture, fixtures & equipment and inventory. The business is a retailer of groceries including deli, gasoline and is the only food store in this community.
Competition:
This convenience store and gasoline retailer is the only game in town and the store is located 10 miles from the nearest competitor
Growth/Expansion:
This store is the center of activity in its community. The 3500 SF retail area provides opportunity to add additional products and services to this community.
Support/Training:
Seller will provide adequate on site training to a new owner in the operation of the business and to insure continuity of the business.
Reason Selling:
Seller has 4 other businesses and is looking to down size for retirement
Contact Seller

Broker Information

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Business For Sale Listed By

Michael Henry

Michael Henry
Michael Henry Business Broker, Inc.

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Ad#: 671366

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